Articles
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million). 25 July 2019
Insurance
AXIS Surplus Insurance, a subsidiary of AXIS Capital, will go to court to argue it does not have to cover the defence costs of filmmaker Harvey Weinstein in connection with pending civil and criminal litigation, which includes two rape charges, under a directors and officers policy. 25 September 2018
Insurance
Insurer Chubb has appointed Tim Barziza as head of its North American property claims, replacing Bill Turnbull who is retiring at the end of 2018 after over 30 years at Chubb. 25 September 2018
Insurance
Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found. 1 May 2019
Insurance
Broker Gallagher has hired a Marsh executive to build out its specialist UK trade credit & surety practice across the North, where the company believes both clients and new business opportunities are arising. 20 September 2018
Insurance
Insured losses from Hurricane Florence will be around $2.5 billion, according to KCC estimates. 18 September 2018
Insurance
The US Congress has enacted a short-term extension to the National Flood Insurance Program (NFIP) through November, preventing the programme to lapse during peak hurricane season. 26 July 2018
Insurance
Lloyd’s six bold initiatives receive 'outstanding' support from market participants and stakeholders
Lloyd’s of London has received "widespread backing" from its market participants and stakeholders on its recently-launched strategic plan of transformational initiatives, including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 12 July 2019
Insurance
Broker Willis Towers Watson has bolstered its London Market property and casualty arm with senior hires from Brit and Aon. 11 December 2018
Insurance
Sherpa, a UK insurtech startup, said it is the “first to use AI” to offer a fully digital, personalised insurance for the self-employed, a fast growing demographic. 22 March 2019
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